Bitcoin Breaks $105K Barrier: Is This a Bullish Signal or a False Dawn?

Bitcoin has soared past the $105,000 mark, prompting optimism within the cryptocurrency community but also raising questions about its sustainability. Experts are scrutinizing whether this surge represents a genuine market recovery or a potential “bull trap,” misleading investors with short-lived gains. Amidst this price volatility, market strategists and crypto enthusiasts are closely observing other key indicators to understand Bitcoin’s future trajectory alongside Ethereum and other major cryptocurrencies.